TENET HEALTHCARE CORP false 0000070318 0000070318 2020-11-04 2020-11-04 0000070318 us-gaap:CommonStockMember 2020-11-04 2020-11-04 0000070318 us-gaap:SeniorNotesMember 2020-11-04 2020-11-04

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report: November 4, 2020

(Date of earliest event reported)

 

 

TENET HEALTHCARE CORPORATION

(Exact name of Registrant as specified in its charter)

 

 

 

Nevada   1-7293   95-2557091

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification Number)

 

14201 Dallas Parkway
Dallas, Texas 75254
(Address of principal executive offices, including zip code)

(469) 893-2200

(Registrant’s telephone number, including area code)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

symbols

 

Name of each exchange

on which registered

Common stock $0.05 par value   THC   New York Stock Exchange
6.875% Senior Notes due 2031   THC31   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging Growth Company  

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 

 


Item 5.02.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 4, 2020, the Board of Directors (the “Board”) of Tenet Healthcare Corporation (the “Company”) appointed the Company’s President and Chief Operating Officer, Saum Sutaria, M.D., to the Board effective immediately. The size of the Board increased from ten to eleven directors upon the effectiveness of Dr. Sutaria’s appointment. Dr. Sutaria’s initial term will expire concurrently with the terms of the other members of the Board, and Board members will stand for annual election at the Company’s 2021 Annual Meeting of Shareholders. Dr. Sutaria will not serve on any committee of the Board.

As an executive officer of the Company, Dr. Sutaria will not receive compensation for his service on the Board. Dr. Sutaria is not party to any material plan, contract, or arrangement with the Company other than those related to his compensation as described in the Company’s proxy statement filed with the Securities and Exchange Commission on April 17, 2020. There are no arrangements or understandings pursuant to which Dr. Sutaria was appointed to the Board, and Dr. Sutaria is not a party to any transaction with the Company reportable under Item 404(a) of Regulation S-K under the Securities Act of 1933.


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    TENET HEALTHCARE CORPORATION
Date: November 6, 2020      
    By:  

/s/ Audrey Andrews

    Name:   Audrey Andrews
    Title:   Executive Vice President, General Counsel and Corporate Secretary